Notes

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data Definitions

Name Data.Type Description
Business Unit Dimension The BU responsible for the business
Reporting Date From Date The first date of the reporting period
Reporting Date To Date The final date of the reporting period
Date of Analysis Date The date when the analysis has been performed
Product ID Dimension The product ID number assigned by the BU (Legacy System number or Open Policy/Master Contract number)
Type of Account Dimension Distinguishes between global and local Business Partner accounts
Channel Dimension Groups of Business partners by types of where products are sold
Product Family Dimension The name of the product family which the product belongs
Product Name Dimension The name of the product written on the Policy
Business Partner Dimension The name of the business partner
Sub Line of Business Dimension Product groupings based on global definitions
Standard Product Dimension Distinguishes between standard and non-standard products
Business Type Dimension Distinguishes between insurance, reinsurance, and service
Written Revenue Metric Total amount of the selling prices charged to the final costumers, net of taxes and net of Reinsurance
Earned Revenue Metric Earned part of Written Revenue net of Taxes and net of Reinsurance
Earned Revenue Mix Calculation ‘Earned Revenue’ over total ‘Earned Revenue’
Loss Ratio Calculation ‘Incurred Losses’ over ‘Earned Revenue’
Commission Ratio Calculation ‘Earned base commissions’ , ‘Earned over commissions’ and ‘Upfront cash payments’ over ‘Earned Revenue’
Direct Expense Ratio Calculation Internal variable costs and Allianz Technology fees over ‘Earned Revenue’
Indirect Expense Ratio Calculation Internal fixed costs and HQ fees over ‘Earned Revenue’
Expense Ratio Calculation ‘Total Expenses’ over ‘Earned Revenue’
Contribution Margin Calculation 1- (The combination of ‘Loss Ratio’, Commission Ratio’, and ’Direct Expense Ratio)
Combined Ratio Calculation The combination of ‘Loss Ratio’, ‘Expense Ratio’, and ‘Commission Ratio’
Profit/Loss Calculation Currency total of the portion of ‘Earned Revenue’ remaining after removing the ‘Loss Ratio’, ‘Expense Ratio’, and Commission Ratio’
Frequency Calculation Ratio between ‘Number of Persons Involved in Claims’ and ‘Units of Risk Earned’
Severity Calculation Ratio between ‘Incurred Losses’ and ‘Number of Persons Involved in Claims’
Number of Persons Involved in Claims Metric Insured policy holders who have filed claims
Units of Risk Earned Metric Insured policy holders whose risk exposure has elapsed , for instance if a trip occurs
Incurred Losses Metric All losses incurred, including ‘Open Case Reserves’ and ‘Incurred But Not Reported’. In case of Reinsurance, this includes only the part retained by the Company
Open Case Reserves Metric Cash reserved to pay claims that are in adjudication for the evaluation period
Incurred But Not Reported Metric Cash reserved to pay claims that the policy holder is eligible to submit but has yet to do so

Summary

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Row

Earned Revenue (€)

23,240,841

Contribution Margin as Percentage of Earned Revenue

5.5%

Combined Ratio

107.0%

Row

Loss Ratio

Commission Ratio

Expense Ratio

Row

Chart - Combined Ratio

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Chart - Earned Revenue

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data - Sub LOB

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data - Product

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data

Reporting Period Start Date Reporting Period End Date Date of Analysis
01 Jan, 2019 31 Dec, 2019 16 Apr, 2020

Data